Introduction
Nonprofit accounting focuses on accountability, transparency, and stewardship of funds. This course teaches participants how to manage restricted and unrestricted funds, prepare donor reports, and comply with nonprofit financial regulations.
Course Objectives
- Understand nonprofit financial structures and requirements.
- Apply fund accounting principles for restricted and unrestricted funds.
- Prepare donor and grant reports accurately.
- Strengthen internal controls for nonprofit operations.
- Enhance financial transparency and accountability.
Target Audience
- Nonprofit finance officers and treasurers.
- Grant managers and program directors.
- Accountants transitioning to nonprofit roles.
- NGO leaders and administrators.
- Anyone involved in nonprofit financial management.
Course Outline
- 5 Sections
- 0 Lessons
- 5 Days
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- Day 1: Nonprofit Accounting Basics• Differences between nonprofit and corporate accounting.
• Types of funds and their purposes.
• Chart of accounts design for nonprofits.
• Case examples across nonprofit sectors.
• T&T: Fund accounting templates, COA guides.0 - Day 2: Recording Nonprofit Transactions• Donations, grants, and contributions.
• Donor restrictions and fund balances.
• Allocating expenses to programs and services.
• Workshop: Record multi-fund transactions.
• T&T: Grant allocation models, donation logs.0 - Day 3: Reporting & Compliance• Donor reporting requirements.
• Financial reporting for boards and regulators.
• Compliance with nonprofit accounting standards.
• Activity: Prepare a nonprofit financial report.
• T&T: Reporting templates, compliance checklists.0 - Day 4: Budgeting & Performance Evaluation• Building nonprofit budgets.
• Monitoring program spending.
• Measuring mission-driven performance.
• Case study: Budgeting challenges.
• T&T: Budget templates for nonprofits, KPI scorecards.0 - Day 5: Controls, Audits & Accountability• Strengthening financial controls and oversight.
• Preparing for nonprofit audits.
• Group project: Improve financial practices for a nonprofit.
• Final certification.
• T&T: Audit tools, governance frameworks.0
Instructor
Lessons:
